California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$217M |
| 2 |
T-Mobile US
TMUS
|
+$208M |
| 3 |
Electronic Arts
EA
|
+$208M |
| 4 |
Amazon
AMZN
|
+$205M |
| 5 |
Microsoft
MSFT
|
+$193M |
Top Sells
| 1 |
Realty Income
O
|
+$110M |
| 2 |
Healthpeak Properties
DOC
|
+$86.3M |
| 3 |
Hartford Financial Services
HIG
|
+$63.5M |
| 4 |
Annaly Capital Management
NLY
|
+$62.7M |
| 5 |
W.P. Carey
WPC
|
+$51.3M |
Sector Composition
| 1 | Technology | 21.87% |
| 2 | Healthcare | 14.17% |
| 3 | Financials | 12.05% |
| 4 | Consumer Discretionary | 11.93% |
| 5 | Communication Services | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
526
Keurig Dr Pepper
KDP
$36.9B
| $24.4M | 0.02% |
882,599
+122,423
| +16% | +$3.38M |
|
527
JB Hunt Transport Services
JBHT
$13.1B
| $24.3M | 0.02% |
192,531
+4,705
| +3% | +$595K |
|
528
Halliburton
HAL
$19.1B
| $24.1M | 0.02% |
2,003,823
+40,891
| +2% | +$493K |
|
529
Sarepta Therapeutics
SRPT
$1.94B
| $24M | 0.02% |
171,019
+19,350
| +13% | +$2.72M |
|
|
AVLR
530
DELISTED
Avalara, Inc.
AVLR
| $24M | 0.02% |
188,272
+16,659
| +10% | +$2.12M |
|
531
Oneok
OKE
$46.3B
| $23.8M | 0.02% |
917,200
-11,096
| -1% | -$288K |
|
|
AMTD
532
DELISTED
TD Ameritrade Holding Corp
AMTD
| $23.6M | 0.02% |
602,304
+17,914
| +3% | +$701K |
|
533
CenterPoint Energy
CNP
$24.9B
| $23.6M | 0.02% |
1,218,540
+79,793
| +7% | +$1.54M |
|
534
NetApp
NTAP
$25.2B
| $23.5M | 0.02% |
537,151
+21,665
| +4% | +$950K |
|
|
HES
535
DELISTED
Hess
HES
| $23.5M | 0.02% |
573,800
+14,600
| +3% | +$598K |
|
536
Packaging Corp of America
PKG
$19.3B
| $23.4M | 0.02% |
214,901
+3,993
| +2% | +$435K |
|
537
MGM Resorts International
MGM
$9.78B
| $23.3M | 0.02% |
1,072,140
+17,625
| +2% | +$383K |
|
538
Cable One
CABO
$955M
| $23.2M | 0.02% |
12,328
+947
| +8% | +$1.79M |
|
539
NovoCure
NVCR
$1.45B
| $23.2M | 0.02% |
208,663
-14,517
| -7% | -$1.62M |
|
|
540
Annaly Capital Management
NLY
$13.9B
| $23.2M | 0.02% |
814,675
-2,201,037
| -73% | -$62.7M |
|
541
Graco
GGG
$14.1B
| $23.2M | 0.02% |
378,035
+8,496
| +2% | +$521K |
|
542
Crown Holdings
CCK
$11.1B
| $23M | 0.02% |
299,453
-2,152
| -0.7% | -$165K |
|
543
PENN Entertainment
PENN
$2.8B
| $23M | 0.02% |
316,238
+10,078
| +3% | +$733K |
|
544
Entegris
ENTG
$14.5B
| $22.9M | 0.02% |
308,455
+8,850
| +3% | +$658K |
|
545
Avantor
AVTR
$8.77B
| $22.9M | 0.02% |
1,019,482
+102,751
| +11% | +$2.31M |
|
546
Icon
ICLR
$14B
| $22.9M | 0.02% |
119,974
+3,233
| +3% | +$618K |
|
547
Ally Financial
ALLY
$13.7B
| $22.6M | 0.02% |
901,141
+32,097
| +4% | +$805K |
|
548
Vistra
VST
$71.2B
| $22.2M | 0.02% |
1,178,457
+34,669
| +3% | +$654K |
|
549
Peloton Interactive
PTON
$3.23B
| $22.2M | 0.02% |
223,587
-11,769
| -5% | -$1.17M |
|
550
Dentsply Sirona
XRAY
$2.68B
| $22.2M | 0.02% |
507,296
+13,690
| +3% | +$599K |
|